Shares of Citrix Systems Inc.
dropped 0.53% to $138.12 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index
falling 0.68% to 4,134.94 and Dow Jones Industrial Average
falling 0.75% to 33,821.30. This was the stock’s second consecutive day of losses. Citrix Systems Inc. closed $35.44 below its 52-week high ($173.56), which the company reached on July 22nd.
The stock underperformed when compared to some of its competitors Tuesday, as Microsoft Corp.
fell 0.19% to $258.26, Adobe Inc.
fell 0.38% to $514.21, and Oracle Corp.
rose 0.62% to $79.24. Trading volume (555,067) remained 523,451 below its 50-day average volume of 1.1 M.